Chinese Consolidated Benevolent Association

Analysis

Chinese Consolidated Benevolent Association is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1963, 63 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinese Consolidated Benevolent Association reported income of $103k and spending of $99k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $103k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese Consolidated Benevolent Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Inland Northwest Partners Association ($103k), Farmington Museum Foundation Inc ($103k) and Spokane Chamber Music Association ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 68% of the total. Other salaries and wages came to $14k. At year end it held assets of $974k against liabilities of $0, net assets of $974k. It reported 16 employees.